Gifts, Gratuities, and Non-Cash Compensation Rules
In December 2014, FINRA published a report on its review of its gifts, gratuities and non-cash compensation rules. The report concluded that the rules could benefit from some updating to better align the investor protection benefits and the economic impacts of the rules.
To that end, FINRA has recently proposed amendments to the gifts, gratuities and non-cash compensation rules to as described in FINRA Regulatory Notice 16-29. Below as some of the highlights of the proposed rule changes. Read More…